Annual growth of Rs450b in circular debt a threat to economy: Mian Zahid
KARACHI: Annual accumulation of over Rs 450 billion in the infamous circular debt is a great threat to the economy, said Mian Zahid Hussain,...
Power tariff increased by Rs1.56/unit; Consumer face Rs 14.5b additional burden
ISLAMABAD: Power tariff was again increased by Rs 1.56 per unit after monthly public hearing held today in Islamabad. The decision will put additional...
Fake firm with Rs 134m tax fraud uncovered by FBR
ISLAMABAD: Fake firm from Faisalabad involved in an alleged business of flying/fake invoices and committing tax fraud of Rs134.4 million caught by Federal Board...
Russia likely to lift ban on Pakistani rice; Pak get $50m market
KARACHI: Russia is expected to lift a year-long ban on rice imports from Pakistan which will open about $50 million market for rice dealers,...
Razzak for giving tax holiday to 20 industrial sectors
ISLAMABAD: Razzak Dawood, Adviser to the Prime Minister on Commerce, Textile, Industry and Investment has said Pakistan is considering to offer tax holiday to...
Japan, Pakistan sign MoC for “Specified Skilled Workers”
ISLAMABAD: Japan signed a Memorandum of Cooperation (MoC) with Pakistan on Monday regarding the “Specified Skilled Workers” which aims to pave the way for...
World Bank willing to invest in PIA: CEO Arshad Malik
ISLAMABAD: World Bank has shown consent to invest in the PIA, said Air Marshal Arshad Malik, Pakistan International Airlines (PIA), Chief Executive Officer (CEO)...
Sindh CNG stations to reopen Tuesday
KARACHI: Sindh CNG stations won’t open today (Monday). Instead they will be opening on Tuesday.
A new schedule has been issued following a gas shortage...
Decision of PM to resolve issues of builders laudable: Mian Zahid
KARACHI: Decision of Prime Minister Imran Khan to resolve the issues faced by builders and developers is laudable and it has generated hope of...
Current account deficit declined by over 72%
ISLAMABAD: Current account deficit declined by 72.6 per cent in November and 73 per cent between July-Nov this year, said Dr Abdul Hafeez Shaikh,...
